♪ >> reporter: eve seen diamonds on and off screen for decades. tonight we'll see them again. do you think ever say no i don't want to wear harry winston? >> i think that's out of the question. if you've been selected to wear it, you wear it. >> reporter: later on sunday morning, harry winston jeweler to the stars. >> osgood: linda hunt is a star of both tv and film with the precedent-setting oscar to prove it. she'll be talking about this this morning with our lee cowan. >> reporter: winning an academy award is life changing enough. but being the first to win for playing the opposite sex... >> we make a great team, old man. >> reporter: ... is something linda hunt carries with her to this day. >> it was a wild, wild experience. my heart gets beating as i talk about it still. i've never done anything like that again. >> reporter: how linda hunt became a giant ahead on sunday

morning. >> osgood: happy hollywood endings tend to happen only in the movies. as more than one aspiring director has learned the hard way. bill geist has such a story. >> reporter: oscar excitement builds here for nominees like steven spielberg and ang lee but for director paul binell, not so much. anybody here like too see a movie tonight? >> please come and see my movie. reporter: later on sunday morning we'll meet the directly of the cito gastonly love. >> made dollars 117 at the box office. >> reporter: it wasn't nominated and doesn't even have tickets. >> osgood: rit a braver introduces us to father-and-son film legends. ben tracy will read from the show biz bible variety. mo rocca serves up movie popcorn and lots more but first the headlines for this sunday morning, the 24th of february 2013. the daytona 500 will go on as scheduled this afternoon after yesterday's last-lap crash that

injured at least 33 fans. adrianna diaz has our report. >> announcer: and contact. reporter: the 12-car crash began on the last turn of the last lap of a nationwide series race at daytona international speedway. >> announcer: and a terrible crash. >> reporter: when the number 7 car driven by smith spun out of control. kyle larsen's number 32 car went airborne off the track ripping a hole in the protective fence. >> announcer: this is a big big rip. >> reporter: kyle anderson was in the stands and caught the crash on this video which he posted to you-tube. no drivers were seriously hurt but at least 33 fans were injured. two with serious injuries. terry huckabee says a piece of metal rippedded apart his brother's leg. >> i didn't realize he had got hurt as bad until i seen him laying over and his leg was bleeding pretty bad so we all tried to help him as much as we could. >> reporter: despite the somber

mood crews worked overnight to clear debris and repair the fence so the 55th daytona 500 will go on later today as planned. >> osgood: a final sunday blessing from the outgoing pope. this morning, benedict xvi addressed the huge crowd gathered outside outside his vatican ball donnie. the pontiff vowed to continue to serve the church as he steps down thursday night. in south africa today the lawyer for oscar pistorius accused in the death of his model girlfriend, disclosed that the olympic runner's brother carl also faces homicide charges charges. it's in connection with a 2008 death of a female motorocyclist. a few weeks ago our bill geist told you the story of the family in louisiana who created tabasco sauce. today we're saddened to report the death of c.e.o. apparently of a heart attack. he was 68. the razzees the academy awards

spoof honoring -- if that's the word -- hollywood's worse were held in los angeles last night. the twilight saga breaking dawn part 2 dominated the awards. earning seven razzees including the worst picture and worst actress, kristin stewart. adam sandler was named worst actor for his work in that's my boy. today looks like a typical february day across most of the country. cool with some scattered rain and snow here and there. after some storms to start the week, the days ahead should be milder with sunshine prevailing out west. >> i haven't a right. osgood: ahead, oscar winner and n.c.i.s. los angeles star... >> oh, bugger. sgood: ... linda h

>> osgood: you don't have to be a king or queen to order up a command performance these days. our cover story is reported now by tracy smith. >> reporter: before the big screen was actually big movies were more personal. it was just you a crank, and a few hundred flipping cards. primitive but it was on demand. the truth is the very first motion pictures could be watchedded on a hand held device. in the hundred odd years since

flip books it seems movies have come full circle. >> today everything is possible. it becomes a consumer choice. >> reporter: carl goodman runs new york's museum of the moving image. it started off little. then we enjoyed this communal experience. and now it's becoming, for some people at least a solitary and tiny screen again. >> you can watch lawrence of arabia on an i-phone. it doesn't necessarily mean you should. >> reporter: yeah, it might be hard to imagine the vast emptiness of the desert on a small screen. but it is mighty convenient. >> throughout the history of movies, people go to the movies. movies now go to the customers. on their personal screen. >> reporter: jason is an associate professor at the university of southern california's school of cinematic arts. i would imagine there are film makers who would say no, no, no, no, this is hair see. this is not how my film should

be seen. >> well, but also film makers are likely to say i want my product to be seen. and if it's going to be visited and revis ited no doubt something will draw them back. but these changes are awfully exciting. they come down to more choices for customers. this is a good thing. >> reporter: and that might be the founding principle of netflix, the company started in 1997 as a movie dvd by mail service. all those bright red envelopes remember? they'll still send you a dvd but most of their 27 million plus subscribers pay around $8 a month to have unlimited movies or tv shows streamed directly to them. with all of their choices queued up waiting to be watched. and right now netflix is the biggest player in video streaming. during peak internet use hours -- that's between 9:00

p.m. and 12:00 a.m. -- netflix use accounts for 33% of all streaming traffic in north america. you've heard that people blame streaming movies for the reason people aren't going to movie theaters. do you think that's fair? >> no, i think it's the opposite. i think the reason that people keep going at all is because of their love more films. >> we're always encouraged by growth. >> reporter: netflix customers get to see what this man buys. that makes him one of the biggest players in hollywood right now. how deep are your pockets? >> pretty big. reporter: they have to be. netflix recently inked a deal to pay disney $350 million a year to carry disney movies starting in 2016. there's a pricey deal with dream works for a cartoon series based on the upcoming movie turbo. do you have deals with just about every studio. >> we have some deal with every studio and every network.

>> reporter: every studio and every network. >> nobody is not in business with netflix in some position. >> reporter: nobody is not in business. >> there's not a major supplier. we have about 250 suppliers. if you own the right to your content probably it gets rights to netflix. >> reporter: there has been an occasional stumble. in 2011 netflix announced it would split its streaming video and dvd by mail business and raise prices. it all made sense on paper but after subscribers howled and left in droves the plan was scrapped. how many subscribers did you lose? >> oh, i don't know. we went negative pour the first time. it was a blip in the history of this company. >> reporter: even though the stock was taking off. come on. people weren't upset about that. >> the stock from the employees' standpoint has been a wild ride. >> reporter: while those who were saying netflix is doomed what were you thinking? >> i hope they're wrong. reporter: and netflix might have the last laugh. the company makes money by adding subscribers. the best way to do that, they figure, is to give people

something they can't see anywhere else. so now netflix is making its own must-see tv. >> it looks positively medieval doesn't it. >> reporter: they ponied up a reported $100 million to produce "house of cards" a political drama starring oscar-winning actor kevin spacey. >> as for me i'm just a lowly house majority whip. i keep things moving in a congress choked by pettiness. my job is to clear the price and keep the sludge moving. >> reporter: netflix released the entire first season on super bowl weekend. viewers can binge on all 13 episodes if they want, in one sitting. >> i'm going to stop you there. we are not nominating you for secretary of state. i know he made you a promise. but circumstances have changed. >> the nature of promises, linda, is that they remain immune to changing circumstances. >> reporter: so did this high-stakes gamble pay off with a bumper crop of new customers? he won't say. you must have seen some effect from "house of cards."

>> yes. the biggest thing for house of cards is on super bowl weekend in america people were talking netflix and house of cards. >> reporter: you must have seen subscribers go up. >> we are happy with the impact of the show for sure. >> reporter: that's all you're going to say. >> yes. are you really telling me all the money is gone? >> reporter: of course netflix isn't alone. amazon for one has its own streaming service and rights to downton andy and other shows. it means more shows and more movies on more devices for less money but this too comes at a price. >> endless choices. endless options. infinite options. >> reporter: for long-time film critic leonard malten there's no place like a movie house. >> you go into the theater and you're seeing it in a big space in the dark surrounded by other people who are just as excited as you are to see the movie. larger than life on the big screen. that's experience-a. experience-b, you're riding on the subway and you're watching it on your little i-phone. as something to pass the time as you're commuting.

you tell me if there's a difference in twos two experiences. >> reporter: and movies should be special and different? >> i think movies should be special and different. i think movies should be different from the new episode of the price is right. yeah, i do think they should be. >> i am big. it's the picture that got small. >> reporter: true enough. but the stream is only getting bigger. >> the technology is all consuming. >> reporter: u.s.c. film school jason squire says from time to time it helps to look away. >> i do recommend just getting quiet and within one's self and see what happens. >> reporter: how can i do that when i have this huge netflix cue that i need to watch? >> that's another choice. ♪ off to see the wizard, the wonderful wizard of oz ♪ >> osgood: we're off to see the wizard next.

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♪ somewhere over the rainbow way up high ♪ >> reporter: and now a page from our sunday morning almanac. february 24, 1938, 75 years ago today. the day hollywood set off down the yellow brick road. ♪ follow the yellow brick road ♪ >> osgood: a small item in variety that day told the world

mgm had acquired the film rights to the wizard of oz and it cast judy garland at dorothy. based on a beloved children's book the wizard of oz was a big budget film for its time costing nearly $2.8 million to produce and distribute. a price tag driven up by its use of the still new medium of technicolor to highlight dorothy's arrivals and adventures in oz. >> i have a feeling we're not in kansas anymore. >> osgood: dorothy's journey with the scare crow, tin man and cowardly lion unfolded across a fantasy landscape. it concluded with the clicking together of those ruby red slippers. >> there is no place like home. there's no place like home. >> osgood: despite a veritable tornado of publicity including a personal appearance by judy garland at the new york opening the tale of the time in her emerald city did not immediately

strike box office gold. in fact it barely made a profit on its initial release and lost best picture honors to gone with the wind though over the rainbow did win the oscar for best original song. but thanks to tv presentations and home video releases over the years, the wizard of oz has gone on to become the most watched motion picture ever made. according to the library of congress. one of the last surviving munchkins once offered a theory about the secret of its success. >> america's fairy tale. there's no place like home. that's the truth. >> osgood: if ever a hit of the show biz there was the wizard of oz was one because... well, just because. ♪ the wonderful wizard of oz ♪ >> osgood: ahead hope you saved room for popcorn.

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>> osgood: pop goes the cash register at movie theaters where pop goes the corn. mo rocca has a bucket of facts and figures. >> reporter: the biggest money-maker at movie theaters last year wasn't from a comic book. or steven spielberg. >> now now now. reporter: and didn't involve wear wolves or vampires. just like every year, the number-one blockbuster was the concession stand. and its most bankable store

popcorn. each year americans eat on average about 13 gallons of the stuff. a lot of it at the movies. the bag you pay $5 for only costs the theater about 50 cents. >> a lot of people buy popcorn. reporter: melissa is a manager at film foreign an independent movie house in manhattan. the "new york times" gave their popcorn a rave review. how does this make you feel? >> it makes me a little bit nervous because usually when it starts popping, that means it's starting to get busy in the theater. >> reporter: you associate this sound with crowd control. >> yes. and getting busy. there you go. there it is. >> reporter: but popcorn and the movies didn't always go together says andrew smith. why should you listen to him? he's the man who wrote the book on popcorn. >> movie theaters early on had no popcorn whatsoever. no snack bar. they had grand lobbies and gorgeous rugs. the last thing they wanted was

people with popcorn. >> reporter: then what happened? well you had the depression. when the depression hit lots of movie theaters closed but then they found out if they lowered their admission fee then they could actually make a larger profit if they could sell snack food which popcorn was part of their largest profit. >> reporter: popcorn not only saved movie houses but also played a role in what ended up on screens. >> what theater owners found was those movies that were targeted at children were the ones that sold the most popcorn. so consequently, this is where they made their profit. they made a profit on saturday matinees and on sunday matinees. >> reporter: it wasn't just kids' movies that turned out to be popcorn friendly, says smith. grown-ups were chowing down during suspenseful dramas. >> what they found very quickly was adults would eat a lot more popcorn when you have drama in the theaters. it's almost automatic thing that it's there and there's tension going on. so people were probably eating a lot of popcorn during the

poseidon adventure. >> reporter: quite the accomplishment for a snack with not a lot of flavor which is where that neon yellow stuff -- no, it's not really butter. it's mostly soybean salt -- and salt come in. the saltier the popcorn the more you will need a giant soda to quench your thirst. that's just fine with theater owners. when i'm leaving a movie house and i feel that stickiness underneath my shoes should i blame popcorn or soda for that? >> well, i think you should be proud that those products help make that theater possible and make those movies possible because i don't think there would be movie theaters. i don't think there would be films at least in theaters without popcorn. ♪ the popcorn can't be beat ♪ ♪ let's all go to the lobby to get ourselves a treat ♪ ♪ let's all go to the lobby to get ourselves a treat ♪

>> osgood: coming up jeweler to the stars. but first a true son of hollywood.

>> there he is. there's the stallion. >> beautiful. that's my daughter riding him, lesley. >> it's sunday morning on cbs. and here again is charles osgood. >> osgood: that was rock hudson and elizabeth tailor in the 1956 movie giant. it won award for best director. his son george stevens' jr. was a production assistant on that film which is when the movies became a family affair. >> this is the american moment, life achievement award. >> reporter: maybe you've seen an american film institute tribute to a hollywood great. >> like my old parish priest once told me about my movies. he said too much good friday not enough easter sunday, marty. >> reporter: and then there's the cache of the kennedy center

honors. presented to those who have made a difference on stage screen and through other performing arts. what you may not know who came up with the idea for both awards shows. it's kind of dazzling just a wall of emmys. television and film writer, director and producer george stevens jr. >> it's an opportunity for audiences to see wonderful lives of achievement. i think it moves them. i think it inspires them. >> reporter: so there was a nice turn-about when stevens himself got a very big award in december. presented by his friend actor sidney portier. an honorary oscar for lifetime achievement. >> tonight i say here's to the great films of the future. >> reporter: and it turns outer stevens' life is a real

hollywood story. his grandmother alice howell, acted in charie chaplin films. his mother appeared in silent movies too. but most important his dad george stevens sr. was a legendary hollywood director who made more than 50 films between 1930 and 1970. >> this is from a place in the sun. that's my father on the right. and elizabeth taylor next to him. montgomery cliff behind elizabeth. >> reporter: a place in the sun earned george stevens sr. a best director oscar. >> wow! i love you too. reporter: when elizabeth taylor turned 18 during the making of the film, young george was invited to her birthday party. what was she like?

>> i think she was without question, the most beautiful woman in the world. and great fun and light hearted. >> reporter: and of course she went on to win a kennedy center honor. >> she did yes. reporter: stevens took a summer job with his dad reading scripts and stories for prospective films. one of them really moved him. >> he said why don't you tell me the story. i was pacing around his bedroom telling him the story of shane. >> reporter: the 1953 film, a western starring alan lad got five academy award nominations and has become a classic. >> gosh all mighty, that is good. >> reporter: but then george stevens, jr. was working full time with his father on films like 1959's the diary of anne frank. >> i don't know.

there's nobody down there now. >> doesn't matter. i don't ever want you to go beyond that door. >> ever? reporter: but in 1962 he got a visit from edward r. murrow. >> you're in jefferson county. we are waiting for the polls to close. >> reporter: the former cbs news man had joined the kennedy administration as head of the united states information agency. charged with telling the rest of the world about the usa. murrow wanted stevens to run the film division. your first instinct was to say no. >> it was. and i did. i had become after the diary of anne frank like my father's partner. a few days later i was with dad at the studio. he looked at me and said you have to do this. >> reporter: so stevens came to washington and at age 29 started producing some 300 short documentary films a year for u.s.i.a. >> this was the first wall in all recorded history to keep an entire country from fleeing.

>> when they hate it, we're going to... in love. we're going to speak things of love toward them. >> reporter: he became friends with members of the kennedy family and got to know the president. >> filled with possibility. it was thrilling to be part of it. >> reporter: when president kennedy was assassinated stevens poured his sorrow into producing a highly praised documentary film: years of lightning, day of drums. >> in seeing that respected man who had everything pass from life in a single unsuspecting instant, there was the thought of each person's own mortality. >> reporter: stevens left government to help found the american film institute which promotes this nation's film legacy. and helps train future film makers. with alumni earning more than

100 oscar nominations. >> this is the speech he made at amherst college. >> reporter: as for the kennedy central honors, stevens says the idea came from the president's own words. >> i look forward to an america that will honor achievement in the arts the way we honor achievement in business and state craft. >> on the first night harold lloyd... >> reporter: at age 80, steerchs who has been married to his life elizabeth for 47 years has managed to become a force in both hollywood and washington. he jokes he had to forge a career that was different from his famous father. >> there's the issue of how do you establish yourself and your own identity? i didn't suffer about it. >> reporter: but now george stevens jr. has his own oscar to display along with two won by his father. what do you think your dad would make of this? >> i think he'd be pleased.

that his oscars have company. >> osgood: david edelstein's oscar picks are coming up. ngs. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ ♪ maybe today you'll run some errands

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to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. usaa. we know what it means to serve. >> david: what would academy award sunday be without our own oscar prognosticator david edelstein. >> reporter: last year i predicted every oscar winner. had i gabbed with academy members? no. can i foretell the future? sorry. did i just love the big winner, the artist? definitely not. i simply read certain columnists who had been spun by certain publicists who had been hired by certain studios that had squired certain nominees around

hollywood to screenings and cocktail parties to influence the votes of a few thousand people. most over 55, white well off and liberal. this year it's even bussier. harvey wine steen all mighty pubah of oscar buzz got dr. oz to extoll silver linings play book for its insights into mental illness. >> i'm having sex with everybody in the office. >> everybody? i was very depressed after tommy died. so a lot of people. >> how many were there? 11. wow. osgood: look, i like the movie. it's a good, dark about a couple of cute depressives. maybe it's even therapeutic to see people crazier than we are. i'm not certain of its medical efficacy. >> the 42nd president of the

united states... >> reporter: meanwhile steven spielberg brought in a master to spin for lincoln. bill clinton. you hire awards consultants like politico consultants. you stay ahead of the message. or you end up like catherine big low. >> we're spending billions of dollars. >> reporter: whose phenomenal zero dark thirtiy was an early favorite but may be a tad fast and loose with facts and saying torture led to the courier to who led to bin laden. true or false the controversy hasn't played well. proof in one way torture doesn't work. reportedly i've read this. from columnists spun by publicists working for zero dark thirtiy rivals. >> trade in on a star ship landing. an exotic middle eastern vibe. women gather offering ecstatic

lie bases to the sky gods. >> reporter: they also say it's argo for best picture because people feel bad that ben affleck wasn't nominated for best director. >> when is the last movie you produced? >> high and dry. who paid for that? at's your middle name? what's your middle name? what's your middle name? shoot him. he's an american spy. >> reporter: his loss, the movie's gain. and it doesn't hurt that the film makes hollywood types look heroic. clinton might help spielberg win best director. i'm guessing dr. oz saved jennifer lawrence for best actress though there's a dark horse in amour's emmanuelle riva. ann hathaway has been on the campaign trail for les miserables, and she'll get it. not in spite of looking like a chicken when she sings but because of it. flamboyant anti-vanity it sells. i'm betting tommy lee jones for

lincoln but some are predicting robert deniro for silver lining's play book if people find jones too much of a sour pus which is kind of. >> things which are equal to the same thing are equal to each other. >> reporter: the lock, of course is daniel day lewis. or as shakespeare would say doth describe the narrow world like a colossus. now, none of this has much to do with what i laughing call artistic merit. and except for day-lewis none are my choices. although they might be if i heard from, say bill clinton or better yet jennifer lawrence. call me, babe. i want to be on the inside where oscars really get decided. >> osgood: ahead... reporter: how did they do at

the box office? >> well, i'll tell you. you know we didn't do so great.

>> osgood: it's the sort of thing that happens only in the movies. a struggling director gambles everything to bring his dream film to the screen. so how does that scenario play out in real life? bill geist has the answer to that one. >> what do we do? e get ready. reporter: big budget studio blockbusters like the avengers spend hundreds of millions on promotional campaigns alone. >> anybody here like to see a movie tonight? >> reporter: would you like to see a motion picture? this is the promotional campaign for an independent film. >> please come and see my movie. reporter: the cito gastonly love of johnny x. >> i will personally buy it for you. >> reporter: director paul binell enticing passers-by with free tickets.

>> talk to all of your comrades. it's on me. >> reporter: and free beer. don't humor me now. i know you're going to come. >> reporter: sometimes you get what you pay for. the avengers was the top box office hit of 2012 earning more than $623 million. the cito gastonly love of johnny x was number 657. dead last. how did this do at the box office? >> (laughing snsmght) well, i'll tell you. we didn't do so great. we didn't advertise it. we don't do any business and it made $117 at the box office. >> reporter: that's right. $117. no zeros. johnny x opened in october in a mall theater in overland overland park, kansas, for a week-long run. >> it did no business. they reported that we made $117 but we only got 35% to that. to add insult to injury. >> reporter: what does that come to?

>> $37. that was net. >> reporter: one very weak week, and that was it. perhaps kansas wasn't the best venue for opening such an unconventional film. >> i have no choice but to sentence you to earth. >> reporter: how would you describe it? what is the plot? >> that's a tough one bill. i'll tell you. it's a juvenile delinquent intergalactic, dark horror sci-fi musical cacophony. >> reporter: oh, sure, everybody loves those. ♪ johnny, o johnny ♪ >> reporter: have we mentioned the song and dance numbers? paul had a decent budget.

somewhere around a couple of million dollars. and a good cast. >> i give you a cousin welcome. reporter: an oscar winner. paul williams. >> you stand before me today accused of low crimes. >> reporter: the late kevin mccarthy once an oscar nominee for death of a salesman and moreover star of invasion of the body snatchers. ♪ green bug-eyed monster ♪ >> reporter: and this man of television's "the office" who was critical of critics of johnny x. >> i think pooh-pooh on that stuff. i think pooh-pooh. i'll say it again. it's supposed to be weird. >> hey i'm sorry about this. it's supposed to be sloppy. it's done that way on purpose. >> i have been watching you. he's got it exactly like he

wants it. that just shows how weird he is. >> reporter: a film of this stature and complexity was almost ten years in the making. >> in 2004 i cast it, got the actors in. we filmed some scenes. and then we ran out of money. my wife and i had to borrow against our house. we were on a hiatus for six years. we took a little time off. >> reporter: the off beat film has actually done rather well at some film festivals. >> yeah, we played here at the chinese theater and actually sold out. can you believe that? >> reporter: i don't understand. you have low box office sales but you're selling out big theaters. how is that? >> you know, bill, they don't count box office for film festivals. >> reporter: that's not fair. it's not fair. do you like movies? see, my movie is playingq 9:30 tonight. juvenile delinquents from outer space. >> reporter: at 49, paul bunnell holds on to his dreams. >> are you thinking you can get

your friends to show up. >> reporter: even though some are nightmares. >> i would love to get this movie out there in a bigger way that people knew about it. are you thinking about it? yes! okay. >> reporter: and paul had a pretty good night in san francisco recently where 43 people turned out to see the cito gastonly love of johnny x. 13 of them paid. >> tell me all about it. osgood: up next, a gem of a tale.

>> osgood: like them? they can be yours for about a million dollars. given on loan to us from the king of diamonds which is just one of the nicknames for harry winston, a jeweler famous for loning even larger gems to some of the biggest stars in

hollywood. serena altschul has been looking them over. ♪ a kiss of the hand may be quite continental ♪ ♪ but diamonds are a girl's best friend ♪ >> reporter: when it comes to diamonds one name in hollywood shines brightest. harry winston. known as jeweler to the stars the 81-year-old diamond company has outfitted celebrities off and on screen. >> i would like you to wear these. they're rented for the occasion. >> reporter: like ingrid bergman. >> would you help me, please? yes, certainly. reporter: even marilyn monroe couldn't help but sing about it. >> talk to me harry winston. tell me all about it. >> reporter: so, are you a harry winston fan? >> we are a big harry winston fan. >> reporter: nina garcia is creative director of marie claire magazine and a judge on

the hit reality show project runway. >> they are the jeweler of jewels. really. it's another world. to enter into the harry winston world is to be in a dream. it's a stuff of legends. >> reporter: and so for every oscar night harry winston loans out some of its finest pieces to nominees presenters, and hollywood legends. >> this is our main salon space. reporter: spokeswoman meredith keller and her team help celebrities pick out that perfect item, like this bracelet with 400 diamonds. >> this is our red carpet bracelet. very fitting for someone to wear on an oscar night. >> reporter: have you had this one worn before? >> it has been worn on the red carpet at the golden globes. it was recently worn. a similar style has been worn by

halle berry at the golden globes. >> reporter: a piece like this will cost about how much? >> this is a little over half a million dollars. >> reporter: oh, my goodness. big-ticket items like the bracelet and this $9.5 million diamond necklace come with their own security detail. do you think that a star on the red carpet wearing a specific piece of jewelry can drive sales for them? >> listen, the red carpet is the biggest carpet in the world. >> reporter: it's a gold mine. it is a gold mine. what goes on that day sets the precedent for many sales around the world. >> reporter: after the show, the jewels go back to harry winston. but in 1994, sharon stone claimed the diamond necklace she wore while promoting a film was actually a gift from the jeweler. the dispute was settled out of court.

harry winston got the necklace back. harry winston the man was the son of a california jewelry store owner. he had a keen eye that helped him acquire some of the world's most famous diamonds like the i don't thinker and the star of the east. by the time he died in 1978 he was known as the king of diamonds. and for bringing glamor to the red carpet. >> it was harry winston in 1944 who became the very first to loan out pieces for an actress to wear. >> reporter: and that was for? that was for jennifer jones who went on that night to win the best actress oscar. so a tradition and the nickname for winton of jeweler to the stars was really born that night. >> reporter: in the 1970 oscars elizabeth taylor wore one of winston's most famous creations a 69karat diamond necklace, a gift from husband richard

burton. then in 1998 gloria stewart dawned the deep blue diamond penned ant inspired by the film titanic. it was all based upon another jewel that harry winston once owned: the hope diamond. he donated it to the smithsonian institution in 1958, sending it in the mail. as for who will be seen glittering in harry winston that's a secret. but what we do know is that rocks like these can make anyone feel like a star. so you offered, and i accept gladly. i'd love to put the earrings on. oh wow. oh, my goodness. i can see why someone just puts these on, they would say that's it. i'm done.

i don't need anything else. i'm not even going to wear a dress. if you're at the oscars on the red carpet and you're wearing harry winston, what does that mean? >> you are amongst a group of elite hollywood actresses that have worn harry winston. you have reached the krem de lakrem. it doesn't get any better than that. >> reporter: you have arrived. you have arrived. ♪ best friend ♪ >> osgood: ahead, variety. read all about it. but first... >> i think it's been almost 30 years ago that i won it. >> osgood: oscar winner linda hunt larger than life. fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward.

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>> thank you very much. we'll keep in touch. let's go. i'll take this straight to the airport. >> you'll be rushing to catch the 2:00 flight. >> i'll make it. t's sunday morning on cbs and here again is charles osgood. >> osgood: linda hunt won the oscar for best supporting

actress for her role as a man in the 1982 film "the year of living dangerously." these days she's pursuing her craft on the set of a popular tv series which is where lee cowan found her for this sunday profile. >> reporter: she's hard to see on set sometimes. >> miss linda, are you ready? reporter: lost amid the chaos of a busy day of shooting. >> and action. reporter: but once the camera finds linda hunt, she nearly always steals the scene. >> i need to be with michelle. promise you that we will do everything we can to protect her. >> reporter: she plays heady lang the diminutive cloak and dagger boss in charge of the undercover federal agents of n.c.i.s. los angeles. >> there's no fuzziness. you still shoot the ducks. i just row the boat. >> reporter: at 67 and just 4'9

"tall hunt spends her day surrounded by actors half her age and almost twice her hate. >> don't mock me. i criticize. i scold. i chastise. i've even... but i never mock. >> reporter: what is it like being on set with a group of young... >> i know. reporter: ... very good looking slash rock star. >> they're all so young. reporter: do you like that? i do like it. i get a kick out of it. >> reporter: and that younger set gets a kick out of her too. in fact, hunt has taken home the team choice aword for best actress in an action series the last two years in a row. >> so this is my hangout. reporter: that's your office. yeah, this is my office. heady's office. >> reporter: her stage is a massive two-story set at paramount studios where attention is wade to every prop no matter how maul. >> this is a plastic cow with a

lot of correct anatomical things. >> reporter: her sense of humor makes for a playful atmosphere back stage. >> it's over your shoulder. on the outside looking in. always. >> reporter: the story of your lifing right? >> yes it is. reporter: there's even good-natured teasing especially over the one thing that she has and her costars don't. >> and the winner is linda hunt. ( cheers and applause ) >> reporter: an academy award. this is extraordinary. ey tease me about having won the oscar. >> reporter: what is there to tease about winning an oscar >> i'm the only one who has it and would it bring it to work? >> that's great, old man. that's what i've always wanted is a real partnership. >> reporter: it was this performance that won her that oscar back in 1984 in the year of living dangerously >> i made you feel something about what you write. i gave you my trust.

i've created you. >> reporter: hunt played billy kwan a photojournalist hired by a rookie foreign correspondent in indonesia. played by a very young mel gibson. it was only hunt's second film. but it was a first in movie history. never before had an actor won an oscar for playing the opposite sex. she was so convincing as a man audiences didn't believe the credits. >> i can't be a man but i can embrace the head of a man the intelligence of a man the spirit of a man. >> reporter: did you ever feel you'll get lost in him that character? >> yeah, yeah. and it was like that for a while. i'd come back to my beautiful room. and a guy would bring me dinner and refer to me as sir. >> reporter: sir it was upsetting. it was weird not to be able to turn it off not to be able to come home at night and just be

linda. >> reporter: her transformation not only won the oscar but it was a relief to hunt's parents who always worried about her life on the stage especially her father. >> i think up until i won that night, he always worried. it was proof from people etch didn't know from a world he didn't know that, you know, his baby girl was going to be all right. >> reporter: his baby girl was born lid i can't hunter in 1945. she grew up in westport connecticut and was always smaller than most. >> everybody either wanted to take care of me or push me around. you know? >> reporter: were you teased a lot? >> yes, i was teased a lot. sure i was. i knew that i was different by the time i was like ten. everybody was taking their skirts except me. i was not growing up.

>> reporter: she was diagnosed with a form of dwarfism. nothing could make her taller. but when her parents took her to her first broadway show, hunt realized the stage just might be a place where she could at least feel taller. it was a production of peter pan >> absolutely. reporter: what was it about peter pan that really struck you? >> that it was bigger than life and that in some sense i longed to be bigger than life. because i wasn't. >> reporter: she compensated with her voice trying to sound more authoritative than she looked. >> when i was 16, nobody else talked like me. nobody else sounded like me >> reporter: there was a confidence in that >> oh, absolutely. reporter: that made you big that made me big. reporter: that voice first found a home on stage and then the silver screen. >> what do you think we're fighting about?

>> reporter: strong, independent characters suited hunt the best. from gertrude sign's lover in waiting for the moon. >> suppose i keep guessing and you tell me. .. suppose you try figuring it out instead of picking apart everything i say. >> reporter: do you work here? i run the place. reporter: to a spark plug of a bartender in the western silverado >> are you the midnight star herself? >> i am. i'm always there but i only shine at night. can i help you? >> reporter: but it was a comedy that introduced hunt to a whole new generation of fans. >> what did it feel like to hit that son of a bitch? >> reporter: when she played opposite her physical opposite, arnold schwarzenegger >> it felt great. reporter: in kindergarten cop. >> what was it like being opposite around schwarzenegger? >> for me if you kidding?

maybe if i'm lucky i come up to his navel. >> reporter: seeing her on stage or in person you soon forget her stature. just ask kerry klein who says hunt's size is hardly the first thing she noticed. >> i was kind of struck what were you struck by, honey? >> at linda's cord roys reporter: her cord roys. it was something about the cord roys >> reporter: the cord roys were the beginning of a 26-year relationship. they were married in 2008. >> karen's six years younger but i forgive her daily. i wake up each morning. i do. and i forgive you for being younger. >> reporter: they are as open about their relationship as hunt is about her future. n.c.i.s. los angeles can still be going strong but she says she doesn't want her role to last forever.

>> you know, i will retire one of these days. when i do, i don't want to be thinking about you alone >> i look forward to a time when i don't have to work anymore. >> reporter: you do? i do which is really do which is close at hand. >> reporter: her current contract will take her into her 70s. not bad for a woman whose own parents feared might be too small to stand out on stage. but linda hunt still has audiences looking up. what do you think your parents would think now? >> they would be so happy that i'm earning a check every week. a paycheck every week. they would be thrilled. >> osgood: next, is variety old news?

[ male announcer ] when you're going the distance it's nice to have the experience and commitment to go along with you. aarp medicare supplement insurance plans, insured by unitedhealthcare insurance company. keep dreaming. keep doing. go long.

oscar night has traditionally been big news for variety.

the show business paper that got its start covering the variety shows of the vaudeville era. but variety now faces some stiff competition from a variety of internet sites. here's ben tracy. >> reporter: for more than a century, variety has played a starring role in the entertainment industry. it's been a must-read for every mover, shaker, even muppet in hollywood. >> you can't take no for an answer >> the people that we're writing about are the people who are the readers. they're also the advertisers. the weekly pages are there. >> reporter: tim gray is variety's editor in chief. >> variety has been called the bible of show biz by some folks. what kind of role has it played in the history of hollywood? it's a small town newspaper. hollywood is a small town within the big town of los angeles. variety printed the first movie review in 1907 which was very early with a little note saying,

hey, this is an interesting new art form so we thought we would review some of this stuff. >> reporter: the publication began by covering vaudeville in new york city in 1905. there was also that new theater scene called broadway. as the entertainment industry moved west, so did variety launching a daily in 1933 based in los angeles covering hollywood. for aspiring stars a mention in its pages was a sign you had arrived. of >> you know, the worst thing is to run a photo that is unflattering. in their mind that's the worst thing you can do. the second worst thing is to spell their name wrong or get their title wrong >> reporter: in its 107 years variety has covered it all. the titanic when it sank in 1912. and then 86 years later when it rose to become the first billion dollar blockbuster. in 1929 sound supplanted silent

films. in 1940 records had radio on the run. in 1950, video killed the vaudeville star. by 1984, home video recording had hollywood reeling. >> one of the things that i find fascinating is over time variety has kind of invented its own language. what is that all about? >> well, i'll tell you. the oxford english dictionary attributes about two dozen terms to variety. like sit-com, strip tease, punch line. you know, all these things that were variety we call it language. it was kind of sassy. it was kind of like insiders' language >> reporter: variety used its unique language skills in maybe its most famous headline in 1935. sticks nicks hick picks. translation, farmers don't like movies about farming. the paper is still printed and

delivered every day yet like an aging leading lady, it's being replaced by young starlets on the internet. blogs such as deadline dot-com and the rap send a steady stream of industry news to mobile devices. former "new york times" reporter sharon waxman is editor in chief of the rap. can a print publication compete with an on-line publication like yours covering hollywood today? >> no. if you are doing your news and you're gearing it around a 3:00 p.m. or a 4:00 p.m. or 5:00 p.m. print deadline, you're toast. by the time that news comes out everybody has already read it. i think variety is a print dinosaur. there's no doubt about that. if you ask people in the industry they would tell you that. >> the choices on page 1 are good >> reporter: in recent years variety's circulation has fallen dramatically. its website which for years charged for content is dead last among its competitors. five years ago the publication was worth an estimated $100

million. if sold last year,... it sold last year for just $25 million. a lot of people are writing your obituary. i assume you think that's premature? >> i know it's premature. there were a lot of stories about print is dead. print is dead. i always kept thinking it's like when television came in. people kept saying movie going is dead. nobody will go to movies. the truth of it is people are still going to movies but they go in different numbers and for different reasons >> reporter: variety is relaunching its website determined to challenge its rivals while it's fighting to be a player in hollywood's future. nobody will ever compete with variety hollywood history. >> osgood: ahead, a quick look at an animated short. to fight chronic osteoarthritis pain. to fight chronic low back pain. to take action. to take the next step.

today, you will know you did something for your pain. cymbalta can help. cymbalta is a pain reliever fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. anti-depressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, including those for migraine and while on cymbalta call right away if you have high fever, confusion and stiff muscles or serious allergic skin reactions like blisters peeling rash, hives, or mouth sores to address possible life-threatening conditions. talk about your alcohol use, liver disease and before you reduce or stop cymbalta.

dizziness or fainting may occur upon standing. take the next step. talk to your doctor. cymbalta can help.

>> osgood: there are five nominees for best animated short tonight. we intend to show you just one. the shortest oscar nominee ever. it's called fresh guacamole by an animator who calls himself test.

>> osgood: here's a look at the week ahead on our sunday morning calendar. monday marks the 100th anniversary of the certification of the income tax amendment to the constitution. tuesday sees a bankruptcy court hearing in california for the failed solar energy company slind ra. on wednesday president obama and other dignitaries attend the unveiling of a statue of civil rights pioneer rosa parks at the capital. thursday is the day hope benedict xvi officially steps

down. on friday, 85 billion dollars in automatic federal budget cuts start taking effect barring any last-minute congressional action. and saturday marks the beginning of an international science conference that may officially confirm last year's discovery of the higgs-bosin an elusive particle that gives something its mass. before any of that, however, comes tonight's oscars. contributor nancy giles can hardly wait >> reporter: we all know the oscars are a big deal. but isn't that walk down the red carpet the best part of that "way too long" evening? it's all there. drama. comedy. sci-fi. sometimes unintentional special effects. they call it a walk but it's more like a traffic jam of paparazzi and interviewers crammed on the side lines all

struggling to find out who is wearing what designer and to see if anyone's really telling the truth when they say it's an honor just to be nominated. there's a kind of choreography to this red carpet dance. note the step and pose and this transition, hand on hip chin down and ooo that strategic three quarter profile. on this night whether you're a contender or not your job is to stand there. for some it seems effortless but it can mess with your head. the lights flash. look this way. down here to the left please. over here. hey, give it up for the women of the red carpet. they carry the burden of attention like warriors. and the academy awards red carpet is, well, the academy awards of red carpets. a cottage industry of coverage on tv, countless magazine and newspaper stories blog posts tweets, you name it. the right outfit on the right actress means global recognition

for the designer. if i ever get the chance i'd love to say it's my mom's design or it's from the sale rack at kohl's. yeah designed for the masses. how did this red carpet thing start exactly? it's kind of hazy. in greek mythology the king agamemnon was he will comed home from the trojan war on a reddish carpet so that like the gods his feet wouldn't touch the bare ground. special people, it seemed, needed special carpets. maybe movie stars and celebrities are our 21st century gods. and the pageantry of the red carpet lets us mortals watch and worship and even nitpick. and on oscar night watching those luminaries walk that walk, we can sit on our couches think snackery thoughts, and bring those gods crashing down to earth.

>> osgood: commentary from nancy giles. now to washington and mainlior garrett who is filling in for bob scheiffer today on face the nation. good morning major. what's coming up >> good morning, charles. this morning on face the nation we're going to look at all these spending cuts and what can be done in washington to stop them. we'll have the education secretary, two members of the senate and four of the nation's governors >> osgood: we'll be watching. next week here on sunday morning morning, we're having a blast. nt to the gulf. and every day since, we've worked hard to keep it. today, the beaches and gulf are open for everyone to enjoy. we've shared what we've learned so we can all produce energy more safely. bp's also committed to america. we support nearly two-hundred-fifty thousand jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ mom ] 3 days into school break and they're already bored. hmm, we need

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>> osgood: we leave you this sunday at pfeiffer beach in big sur california which made a splash in the oscar-winning movie "from here to eternity." i'm charles osgood. please join us again next sunday morning. until then i'll see you on the radio. have copd like me you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms

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. this is kpix 5 news. the end of an era in vatican city. tens of thousands of people show up for the final sunday blessing by pope benedict. >> we get you out the door this morning with mostly sunny skies. it's going to be a beautiful sunday. we'll have the entire forecast in a couple minutes. >> i'm calling this murder suicide of critical government services and it's going to crash it's ( ) a-m on this sunday february 24-th. good morning, i'm anne makovec. 'm phil matier. it is 7:30.

sunday february 24th. thanks for being with us. i'm ann notarangelo. >> and i'm phil matier. anne makovec and phil matier. >> a lot to talk about for sure, a shift of power in sacramento. democrats have the super majority. that's now changing. we'll talk about that and what's next. is. >> and we'll be taking look at high speed rail. senator jerry hill is going to be joining us to talk about a proposal he has to make that line a lot more palatable for the people on the peninsula. and the drama in washington d.c., the latest fiscal crisis, and legislatures have been on vacation and we're going to get in death penalty about that. and -- in depth about that. people say they felt the earthquake. >> it had a magnitude of 3.0. just before 2 this morning. centered two miles northeast of fremont and viewers in those areas tell us that buildings were swaying. you could see the activity